{"id":329384,"date":"2024-06-23T09:29:26","date_gmt":"2024-06-23T03:59:26","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=329384"},"modified":"2024-06-23T09:29:26","modified_gmt":"2024-06-23T03:59:26","slug":"eur-usd-can-trade-lower-into-the-us-core-pce-french-election-events-ing-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/eur-usd-can-trade-lower-into-the-us-core-pce-french-election-events-ing-crypto-news\/","title":{"rendered":"EUR\/USD can trade lower into the US core PCE\/French election events \u2013 ING &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>With dovish signals from the European Central Bank\u2019s (ECB) major European counterparts (the Bank of England\u00a0and Swiss National Bank) and investors&#8217; nerves still quite jittery on EU fiscal and political developments, the Euro is understandably under some pressure in the latter half of this week, Francesco Pesole, FX Strategist at ING argues.<\/p>\n<h2 class=\"fxs_headline_medium\"><strong>EU activity indicators proved favorable for the Euro<\/strong><\/h2>\n<p>\u201cWhat had come to the help of the common currency in some instances recently was decent activity indicators, and PMIs are released today. It will be interesting to see whether political uncertainty in France has already taken a toll on French business sentiment at all: consensus doesn\u2019t believe so.\u201d<\/p>\n<p>\u201cWe\u2019ll hear from two ECB members today \u2013 Gediminas Simkus and the hawk Joachim Nagel \u2013 who could\u00a0move the market on comments about the current turmoil in EU bond markets.\u201d<\/p>\n<p>\u201cWe still think <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/eurusd\" data-fxs-autoanchor=\"\">EUR\/USD<\/a> can trade a bit lower into the US core PCE\/French election events in late June. Risks of multiple days of trading below 1.07 are tangible.\u201d<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>With dovish signals from the European Central Bank\u2019s (ECB) major European counterparts (the Bank of England\u00a0and Swiss National Bank) and investors&#8217; nerves still quite jittery on EU fiscal and political developments, the Euro is understandably under some pressure in the latter half of this week, Francesco Pesole, FX Strategist at ING argues. EU activity indicators [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2168,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,825,433,255,250,252,247,253,249,308,256,254],"class_list":["post-329384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-ecb","tag-eurusd","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/329384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=329384"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/329384\/revisions"}],"predecessor-version":[{"id":329385,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/329384\/revisions\/329385"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/2168"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=329384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=329384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=329384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}